Trader Brian Jones on Twitter: "This is Trading 101. But when you are in a trading range. You buy near the bottom and you sell near the top and you keep repeating this until it doesn't work anymore and the trading range is broken on the upside or the bottom." / Twitter

This is Trading 101. But when you are in a trading range. You buy near the bottom and you sell near the top and you keep repeating this until it doesn't work anymore and the trading range is broken on the upside or the bottom.

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Trader Brian Jones

@MasterBJones

Jun 8

I know I already went over this. That we are in a trading range on the s&p. This is trading 101. But the bottom of the range is 4075 and we hit 4080. So when you bought the dip at the open you got in at the bottom of the range and at a really great price.

1:10 AM · Jun 8, 2022Twitter Web App

Replying to

So I made a mistake not buying the bottom of the range, and instead waited for the system to confirm and went long right after 1pm EST. but I’d rather play it safe in this market and wait for confirmation. Still was able to get 40 points good for 100% return with options.

Replying to

TBJ didn’t you also say 4160? Bc if so, wow. You nailed it AGAIN

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